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Which of the following is a common example of the expectation gap? The auditor is responsible for detecting material misstatements due to fraud. Management prepares

Which of the following is a common example of the expectation gap?

The auditor is responsible for detecting material misstatements due to fraud.

Management prepares the financial statements.

The auditor's primary purpose is to provide advice to management.

The auditor does not guarantee that the financial statements contain no errors.

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